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upGrad raises over $36 mn via internal rights issue

UpGrad Education Pvt Ltd, which runs the edtech platform upGrad, has raised Rs 300 crore (around $36.4 million) in an internal round, with co-founder Ronnie Screwvala contributing Rs 212 crore towards the capital raise.  

Temasek invested Rs 81 crore, with the rest coming in from other existing investors, according to .. ....

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HDFC sells 2,12,121 shares from its stake in Kaizen Management Advisors

The shares represent 17.50 per cent of the firm's share capital and were bought for a consideration of Rs 1.10 crore. ....

Housing Development Finance Corporation , Kaizen Management Advisors ,

upGrad may lay off hundreds of employees in days to come, company denies

Amid the deepening layoff winter, online higher education platform upGrad may ask a major chunk of its employees about one-third or even more to go in days to come, people familiar with the matter said on Thursday. The company, however, . ....

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